You don’t need a lot of capital in your TFSA (Tax-Free Savings Account) to grow a substantial portfolio. Inside the TFSA, all the income you earn is tax-free. As a result, you can compound your wealth so much faster than in any non-registered account. Even $14,000 can become a huge TFSA sum The government doesn’t…
If you are a new investor, you can build a diversified portfolio with $5,000 for the long term. Today, trading platforms make investing easier than ever. No-fee commissions allow you to affordably (for free) build portfolio positions. Likewise, fractional shares allow you to buy fractions of stocks that might otherwise be unaffordable. If you are…
After the TSX Index rose to new all-time highs last week, it is becoming harder to find Canadian stocks at attractive valuations. During the Trump mini-crash, you could pick up almost any stock and watch it rise from that bottom. However, investing is more challenging today. The stock market appears to be in a no-man’s…
Investing in quality, undervalued Canadian stocks with significant upside potential can help you consistently deliver outsized gains. In this article, I have identified five cheap TSX stocks you can buy now with $5,000. Let’s see why. Whitecap Resources stock Whitecap Resources (TSX:WCP) reported an “exceptional year” for 2024, with consistent production outperformance that led to…
Stock market investing isn’t all about finding the most exciting, trending, and high-growth stock and putting all your money in it. Jumping on the bandwagon to invest in trending stocks at the right time can be a terrific way to enjoy significant short-term gains. However, the key to sustained success as a stock market investor…
Investors seldom pick healthcare stocks to boost their investment portfolios. If you’re looking ahead to 2025, a pair from the least favoured sector is worthy of consideration. Sienna Senior Living (TSX:SIA) has performed well this year, while Vitalhub (TSX:VHI) displays unstoppable upward momentum. Given its generous dividend yield and monthly payouts, SIA is ideal for…
The smartest stock investments are those you can just buy and hold for years. Why? If you have a company that can persistently compound its earnings per share (and your hard-earned capital), you don’t want to switch in and out. You want that capital to compound upon itself over and over. The less you do,…